The Latest

Moldovan CU representatives recently visited with colleagues in Idaho as part of an exchange program facilitated by the World Council of Credit Unions.

Ideal Payments, a provider of payment solutions based in Baghdad, has launched a mobile payments app in Iraq.

Credit unions and their trade associations are ramping up advocacy efforts the Capitol Hill as Congress returns to Washington after a seven-week recess.

State regulators' resistance to the idea of a national fintech charter is not surprising, but state-by-state regulation imposes heavy burdens that reverse the cost savings and expanded reach available through fintech.

These are S&P's first-ever ratings for CUNA Mutual.

In the age of big data, banks should be king. After all, which industry knows more about people and how they behave than the holders of deposits? But all that data is useless without leaders who know how to effectively analyze it. American Banker recently polled data and analytics chiefs at banks about the trials and tribulations of big data and the art of finding insightful information. Here are some of their responses.

Though no legislation is likely to pass prior to the election, lawmakers will be busy throughout September with hearings featuring top Federal Reserve Board officials and voting on a much anticipated financial reform bill. Here are five things to keep an eye on:

The Federal Deposit Insurance Corp.’s recent statements encouraging new bank applications are promising, but some barriers to new charters may remain inside the FDIC and we are still waiting for the first de novo of 2016.

Receiving Wide Coverage ...Barclays expands team: Tim Throsby, JPMorgan's global head of equities, is moving toBarclays as head of its corporate and international division and chief executive of its corporate and investment bank. He is the latest JPM executive to join CEO James E. Staley, himself a former JPM veteran, at the British bank. Previous JPMorgan hires include Paul Compton, who was named Barclays group chief operating officer in February, and CS Venkatakrishnan, Barclays' new chief risk officer. Throsby is expected to join Barclays early next year. Wall Street Journal, Financial Times, New York Times

AltaPacific Bancorp in Santa Rosa, Calif., has agreed to buy Commerce Bank of Temecula Valley in Murrieta, Calif.